RB Evan Hull "could miss some time" with knee injury, Steichen said, per FOX59's Mike Chappell.

Related players: Deon Jackson, Zack Moss, Jake Funk

Not good timing for the Colts who put Jonathan Taylor on IR and lost Moss to an arm injury this summer. That now leaves Jackson as the team's main back, pending an update on Moss sometime this week. The Colt RBs weren't really a factor in Week 1, outside of QB Anthony Richardson. Jackson did have five catches for 14 yards but outside of that carried 13 times for just 14 yards. The Colts have a winnable game in Week 2 at Houston so Jackson will likely have some fantasy value when our rankings come out later this week.

Colts RB Zack Moss was downgraded to doubtful for Sunday’s opener against the Jaguars with a forearm injury.

Moss was previously questionable for the game, so this is typically not a good sign for his chances to play on Sunday. That would leave Deon Jackson and rookie Evan Hull as the lead backs for the Colts with Jonathan Taylor on the PUP list. The edge for fantasy purposes goes to Jackson, but even at that, he’s a flex play at best against a good Jaguars defense and in a young Colts offense.

Zack Moss has returned to practice after breaking his arm early in training camp and he will join Deon Jackson and Evan Hull as options in the backfield against Jacksonville this weekend. On Monday, Colts head coach Shane Steichen suggested that all three backs will get chances to show their skills and that the team will make choices about how to divvy up playing time based on how they perform.

“I think it’s running back-by-committee,” Steichen said, via Joel A. Erickson of the Indianapolis Star. “Whoever’s got the hot hand, let ‘em ride a little bit.”

Related players: James Robinson, Jonathan Taylor

This isn't shocking news, but still disappointing for fantasy purposes. Last year, the Colts gave the RB1 role to Moss to close out the season, and he preformed well to the surprise of many. But with a new coaching staff in place, Moss may not get the same chances he did last season. Jackson has preformed well at times when filling in for Taylor, but Hull is a rookie drafted by the current coaching staff. The team was also expected to host free agent Robinson, who was cut by the Patriots earlier this offseason.

The Miami Dolphins weren't the only team interested in acquiring Jonathan Taylor from the Indianapolis Colts. The Green Bay Packers were also in talks with the Colts and had legitimate interest in trading for the star running back. Indianapolis moved forward after its self-imposed deadline of Tuesday at 4 p.m. ET came and went without receiving what the team deemed an acceptable offer for Taylor, who requested a trade last month and was authorized by the Colts last week to seek out a trade partner.

Related Players: Aaron Jones, A.J. Dillon, Evan Hull, Zack Moss

This saga is far from over, as Taylor is still eligible to be traded despite remaining on the PUP list. The running back will miss at least the first four games of the regular season, regardless of who holds his contract. Taylor heading to Green Bay would be near-catastrophic for fantasy purposes, as we're already dealing with a split that chews into both Jones' and Dillon's fantasy value.

The Dolphins would be easier to stomach for those of us who have been draft best ball teams all Summer, as all of their RB options have been going deep in the double-digit rounds.

No deal: Indianapolis did not find what it felt was a fair-value offer for Jonathan Taylor and it is not trading its All-Pro running back today, league sources tell ESPN.

Related players: Zack Moss, Evan Hull, Deon Jackson

Schefter went on to say with no trade materializing today, Taylor now is expected to remain on the Physically Unable to Perform List, making him ineligible to play the first four games of the season. Taylor now is expected to miss games vs. the Jaguars, at Houston, at Baltimore and vs. the Rams. We recently reported that if Moss is ready to go, he would likely be the team's RB1 with Hull and Jackson also involved. Moss is dealing with a broken arm so it remains to be seen if he'll get cleared for Week 1. Especially in deeper leagues, any of these three backs are worth adding to your roster if you see them on the wire. The Colts could still move Taylor when he's eligible to return in Week 5.

Jonathan Taylor update: Talks continue and, as expected, this will go down to the wire.

Related players: Zack Moss, Evan Hull, Deon Jackson

The Dolphins have been heavily linked to Taylor and according to reports, have already made an offer that was declined. Holder added he believes there to be a second team involved beyond the Dolphins, which would certainly change the dynamics. It remains to be seen what would happen if the Colts don't get a deal done and Taylor remains in Indy to start the season.

If Jonathan Taylor is unavailable, Zack Moss would likely be the starter whenever he’s cleared to return from a broken right arm. He’s expected back around the start of the season. Evan Hull looked pretty good on Thursday night, particularly in pass protection, and scored on a 1-yard run in the second quarter. He had six carries for 25 yards and could be poised for more snaps alongside Richardson. Kenyan Drake was the third-stringer on Thursday, and while he scored on an 8-yard reception from Minshew, he didn’t do enough throughout the preseason to climb the depth chart and avoid the practice squad.

According to beat writer James Boyd, the theoretical RB depth chart is set to be Zack Moss, Evan Hull, and Deon Jackson. This is if Jonathan Taylor is moved or is forced to miss the first four games due to not being activated from the PUP list. This makes Moss an interesting late-round target, but it's likely a situation we want to try to avoid if we're not getting a full role out of Taylor.

Colts have given All-Pro RB Jonathan Taylor permission to seek a trade, per league sources. Other teams now are weighing whether to make an offer to the Colts and what would be fair value.

Related players: Zack Moss, Evan Hull, Deon Jackson, Kenyan Drake

It would be great news for Taylor and his owners for a deal to be made so he can get back on the field. It remains to be seen if Taylor would play again for Indy. If a trade is made, the Colts running back room becomes interesting. Many forget Moss was pretty good to end the season last year, running for lines of 24-81-0, 12-65-0, 15-74-0 and 18-114-1 over the final four weeks. But it terms of fantasy value, Moss isn't exciting, and the favorite seems to be the rookie Hull, especially being drafted by the new coaching staff. It would seem until Moss returns from his arm injury, a split of Jackson and Hull seems most likely.

Colts statement released a short while ago: “Jonathan Taylor returned to Indianapolis to continue his rehab, however he had a personal matter arise. He is not currently with the team and his absence is excused.”

Related players: Zack Moss, Evan Hull, Deon Jackson, Kenyan Drake

Despite the turmoil and repeated reports of Taylor wanting out of Indianapolis, this doesn't appear to be anything more than what it seems. Taylor will hopefully be able to return to the team later this week and we will see strides towards the answer of whether he will be taking Week 1 snaps with the team.

Colts RB Jonathan Taylor, who has been away from the team getting additional rehab on his ankle, is back today, source said.

Related players: Zack Moss, Evan Hull, Deon Jackson, Kenyan Drake

Taylor remains on PUP and his stance has not changed, and he wants a trade out of Indy. But, he has returned to the team, according to the rest of Rapoport's post. With Taylor out and Moss dealing with an arm injury, Hull and Jackson look to be later-round targets, at least for now.